$254,200
- 1 Bed
- 864 sqft (on 9.45 acres)
2522 Bear Island River Rd, Ely, MN 55731
Currently Off Market - Sold Jul 2, 2013 for $112,000
Home Value
Trulia Estimate
$254KSince last month
Decreased$7K (-2.6%)Since last year
Increased$10K (+4.2%)Since last sale
Increased$141K (+126.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +50% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $253K |
| July 2026 | $260K |
| June 2026 | $258K |
| May 2026 | $255K |
| April 2026 | $248K |
| March 2026 | $236K |
| February 2026 | $224K |
| January 2026 | $223K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.52 | Single-Family Home | $265,000 | 05/15/26 | 2 | 1 | 976 | |
3.25 | Single-Family Home | $350,000 | 09/05/25 | 3 | 1.5 | 2,400 | |
3.77 | Single-Family Home | $285,000 | 12/08/25 | 3 | 2 | 1,292 | |
4.53 | Single-Family Home | $192,500 | 07/01/26 | 1 | 1 | 1,008 | |
5.13 | Single-Family Home | $108,000 | 06/22/26 | 2 | 1.5 | 768 | |
5.16 | Single-Family Home | $115,000 | 10/20/25 | 2 | 1 | 912 | |
4.53 | Single-Family Home | $187,000 | 07/28/26 | 2 | 1 | 656 | |
5.07 | Single-Family Home | $143,000 | 12/19/25 | 2 | 1 | 2,024 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.15 | - | - | - | - | Off Market | |
0.16 | - | - | - | - | Off Market | |
0.18 | - | - | - | - | Off Market | |
0.26 | $545,000 | 2 | 1.5 | 1,680 | Off Market | |
0.52 | $265,000 | 2 | 1 | 976 | Recently Sold | |
0.77 | $127,000 | 3 | 2 | 1,260 | Off Market | |
0.85 | - | - | - | - | Off Market | |
0.86 | $1,108,200 | 3 | 2 | 2,575 | Off Market | |
0.88 | - | - | - | - | Off Market | |
0.95 | - | - | - | - | Off Market | |
0.96 | - | - | - | - | Off Market | |
1.05 | $475,000 | 2 | 1.5 | 1,172 | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2006
Lot Size
9.45 acres
Living Area
864 sqft
Price/Sqft
$294
Parking
Garage
About this House
Year round log cabin nicely situated on a 9+ acre wooded parcel very close to Bear Island Lake. This 24' x 24' cabin has a wrap around deck on 2 sides and a loft bedroom. Heat is provided by two separate propane furnaces, one is a cast iron stove. Power is currently being supplied by a small solar system sufficient to power the lights, ceiling fan, and the microwave. Electricity is also available about 200+/- feet away. Property also includes a classic cedar sauna building which has a wood fired stove and a changing room. There is also a 24' x 30' 2-stall garage on the property. The property presently features an outhouse, but the property has been approved for a septic system. There are trails on the property for hiking or skiing and nearby Bear Island Lake can provide unlimited recreational opportunities as well. Brokered And Advertised By: Bear Island Land Co., Inc Listing Agent: Phil Hyde
2522 Bear Island River Rd, Ely, MN 55731 is a 1 bedroom, 864 sqft single-family home built in 2006. It last sold for $112,000 on Jul 2, 2013. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $254,200, with a rent estimate of $1,380/month.
Home Details for 2522 Bear Island River Rd
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Interior Details BasementIn-law unit |
Heating & Cooling Heating: Forced AirHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1.2000000476837158 |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: AsphaltDeckExterior: Wood |
Parking & Garage GarageParking Spaces: 2Parking: Garage Detached |
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Year Built Year Built: 2006 |
Property Type / Style Property Type: Single Family HomeArchitecture: Log Cabin/Rustic |
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Units in Building: 1 |
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Lot Area: 9.45 acres |
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Pool Sauna |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 2, 2013 Source: Lake Superior Area Realtors as distributed by MLS GRID #1748515 | Sold | $112,000 |
Oct 17, 2012 Source: Agent Provided | PriceChange | $136,000 Price decreased by 9% |
Oct 11, 2012 Source: Agent Provided | PriceChange | $149,900 Price increased by 10% |
Mar 16, 2012 Source: Agent Provided | Listed For Sale | $136,000 |
Feb 9, 2012 Source: Agent Provided | ListingRemoved | $149,900 |
Jul 25, 2011 Source: Agent Provided | Listed For Sale | $149,900 |
Aug 8, 2008 Source: Lake Superior Area Realtors as distributed by MLS GRID #1194102 | Sold | $139,900 |
Mar 8, 2006 Source: N/A | Sold | $44,900 |
Oct 28, 2005 Source: N/A | Sold | $50,000 |
Apr 12, 2005 Source: N/A | Sold | $36,500 |
Dec 1, 2004 Source: N/A | Sold | $67,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $1,594 | $172,300 |
Home facts updated by county records
Market trends in Ely
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
98
2MoM
Around this home
What Locals Say about Ely
At least 8 Trulia users voted on each feature.
93 % Say there's wildlife
90 % Say kids play outside
89 % Say car is needed
88 % Say parking is easy
86 % Say it's quiet
83 % Say yards are well-kept
83 % Say it's dog friendly
80 % Say there's holiday spirit
78 % Say people would walk alone at night
77 % Say it's walkable to restaurants
75 % Say there are sidewalks
73 % Say streets are well-lit
72 % Say neighbors are friendly
69 % Say it's walkable to grocery stores
45 % Say there are community events
36 % Say they plan to stay for at least 5 years
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 2522 Bear Island River Rd
- What is 2522 Bear Island River Rd estimated to be worth?Trulia's estimated value for 2522 Bear Island River Rd in Ely, MN is $254,200.
- What is the price history for 2522 Bear Island River Rd?2522 Bear Island River Rd in Ely, MN last sold for $112,000 in July 2013.
- Is Ely a buyer's or seller's market?Ely is currently a buyer's market, based on recent for-sale activity.
- What do residents say about Ely?Residents describe Ely, MN as easy to park in, quiet, and well-kept. Most residents say you need a car. See recently sold homes in Ely, MN.
- How big is the lot at 2522 Bear Island River Rd?The lot at 2522 Bear Island River Rd in Ely, MN is about 9.5 acres.
- Does 2522 Bear Island River Rd have a garage?Yes, 2522 Bear Island River Rd in Ely, MN has a garage.